Belgium: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2025

Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Belgium

The Belgian market for line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2022, increasing by 35% against the previous year. Overall, consumption, however, showed a perceptible slump. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Belgium

In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines reduced to $X in 2022 estimated in export price. In general, production saw a drastic downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by 104% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Exports from Belgium

In 2022, exports of line pipe of steel other than stainless steel for oil or gas pipelines from Belgium reduced dramatically to X tons, waning by -49.1% against 2021 figures. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of 197%. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines declined rapidly to $X in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 189%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), China (X tons) and the Netherlands (X tons) were the main destinations of exports of line pipe of steel other than stainless steel for oil or gas pipelines from Belgium, together comprising 55% of total exports. Poland, Ireland, Luxembourg, Germany, Angola and South Africa lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +51.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for line pipe of steel other than stainless steel for oil or gas pipelines exported from Belgium were China ($X), France ($X) and the Netherlands ($X), together accounting for 58% of total exports. Poland, Germany, Ireland, Luxembourg, Angola and South Africa lagged somewhat behind, together accounting for a further 17%.

Poland, with a CAGR of +54.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, rising by 41% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines

Imports into Belgium

In 2022, after three years of decline, there was significant growth in overseas purchases of line pipe of steel other than stainless steel for oil or gas pipelines, when their volume increased by 84% to X tons. In general, imports, however, recorded a abrupt slump. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2022. Over the period under review, imports, however, faced a abrupt decline. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest line pipe of steel other than stainless steel for oil or gas pipelines supplier to Belgium, with a 66% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.5% per year) and Germany (-26.7% per year).

In value terms, the largest line pipe of steel other than stainless steel for oil or gas pipelines suppliers to Belgium were the Netherlands ($X), Italy ($X) and Germany ($X), together comprising 79% of total imports. Brazil, the Czech Republic, China, the UK, France and South Africa lagged somewhat behind, together comprising a further 15%.

China, with a CAGR of +11.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for line pipe of steel other than stainless steel for oil or gas pipelines stood at $X per ton in 2022, with a decrease of -7.8% against the previous year. Over the period under review, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform